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Exro Technologies Provides Comprehensive Update and Reschedules Annual General Meeting Amidst Financial Filing Progress

  • Nishadil
  • September 04, 2025
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  • 1 minutes read
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Exro Technologies Provides Comprehensive Update and Reschedules Annual General Meeting Amidst Financial Filing Progress

Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF), a leading force in innovation for clean energy technologies, today released a vital corporate update for its valued shareholders and the broader market. The company announced a necessary postponement of its highly anticipated Annual General Meeting (AGM) to allow for the complete finalization and filing of its audited financial statements for the fiscal year ended December 31, 2024.

Originally, Exro had targeted the release of these crucial financial documents by August 30, 2025.

While significant progress has been made and the statements are reportedly "nearing completion," the internal review and finalization process requires a bit more time than initially anticipated. This meticulous approach ensures the utmost accuracy and compliance with regulatory standards. The company now projects that these comprehensive financial statements will be officially filed in late September 2025.

The decision to postpone the AGM stems directly from this adjusted timeline for financial reporting.

According to corporate governance regulations, an Annual General Meeting must be convened within six months of the company's fiscal year-end and, crucially, after the audited financial statements for that period have been publicly filed. Therefore, to adhere to these requirements and provide shareholders with the most current financial information, rescheduling the AGM became a prudent and necessary step.

Exro Technologies wishes to unequivocally assure its stakeholders that this delay is purely administrative in nature.

It does not reflect any operational challenges, material adverse changes in the company's business, or any shifts in its strategic direction. The company's core operations, commercialization efforts, and product development continue to advance according to plan, maintaining robust momentum across all key initiatives.

Further details regarding the new date for the Annual General Meeting will be promptly communicated to shareholders and the public immediately following the successful filing of the 2024 audited financial statements.

Exro remains steadfastly focused on its mission to revolutionize electric motor and generator technology, driving towards a sustainable and electrified future. The company deeply appreciates the continued patience and support of its shareholders as it navigates these procedural requirements with diligence and transparency.

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